About 3 in 10 Americans Are Stockpiling Cash Amid the Coronavirus Pandemic, MagnifyMoney Survey Finds
Of those who withdrew cash, the average amount taken out was $2,224.10 Consumers are rushing to ATMs in response to the coronavirus (COVID-19) pandemic, according to a survey of more than 1,500 Americans by MagnifyMoney, a LendingTree subsidiary. The report found 28% of Americans stockpiled cash as economic uncertainty mounts, withdrawing an average of $2,224.10. Read......